Credits

Mortgage loan «New house»

The acquisition apartment in a multi-storey building in the primary market at the expense of the Ministry of Economy and Finance of the Republic of Uzbekistan.

18% per annum

Interest rate

Up to 240 months

Credit term

Up to 420 mln soums for Tashkent, up to 330 mln soums for regions of Uzbekistan

Loan amount

Loan agreement

Size: 259.99 KB

Format: pdf

General terms

Loan target

Purchase of apartments in a multi-story building using funds from the Ministry of Economy and Finance

Loan currency

Sum

Loan amount

Up to 420 mln soums for Tashkent, up to 330 mln soums for regions of Uzbekistan

Initial payment

From 15% (with official income), from 26% (for self-employed individuals)

Interest rate

18% per annum

Credit term

Up to 240 months

Loan processing method

Bank branch

Form of issue

Non-cash

Collateral

Collateral of the purchased property

Grace period

yes (Yes (6 months))

Repayment method

Differentiated, Annuity

Frequency of payments

Monthly

Borrower requirements

Residents of Uzbekistan, aged 18-60, officially employed or self-employed

Loan Provision Order

Non-cash

Required Documents

1. Application for a loan;
2. Identity document (passport, ID card, residence certificate, etc.);
3. Contract of purchase and sale of housing concluded with the contracting organization-seller;
4. Loan security documents;
5. If necessary, documents confirming the availability of permission from the authorized body for the construction of a multi-storey building in which the loaned object is purchased, acquired through a loan (decision of the khokim, etc.);
6. Extract from the cadastral register of the purchased apartment;
7. Self-employment certificate. (when the loan is provided to self-employed persons). The Bank reserves the right to request additional documents for the most complete analysis of the solvency of the Borrower/Co-Borrower.

Loan Service Fee

None

Additional Conditions

The borrower is using mortgage loans under the Program for the first time. Loans obtained by the borrower before May 1, 2024, are not taken into account. The interest rate on the mortgage loan is proportionally reduced in the event of a decrease in the key rate of the Central Bank of the Republic of Uzbekistan, while in the event of an increase, it remains unchanged. In this case, changes in interest payments are applied from the date the reduced key rate of the Central Bank comes into effect. A fixed subsidy of at least 5% of the housing cost, paid from the state budget, must be formed by the borrower using their own funds. An insurance policy and a mortgage insurance agreement are not required. Early repayment, whether full or partial, may be made at any time.